All the talk about record market highs makes for a bit of discomfort. It can only be down from here, right? In truth, we can never be sure what the markets will do tomorrow, next week or next year. That in mind, we believe the proper approach seeks to invest according to an individual’s investment time horizon and comfort with market risk. With longer time horizons, in particular for those with continued future expected savings, even substantial near- and medium-term downturns may be resolved with time. And the prospects of missing out on additional gains may be seen as just as harmful to potential future wealth.